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Real Estate Brokerage Question and answers verified to pass

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Real Estate Brokerage Question and answers verified to pass Search Engine Optimization (SEO) The process of maximizing the number of visitors to a particular website by ensuring the website appears high on the list of results returned by a search engine. Facebook Live Video streaming through facebook. CoStar Database Functions much like a residential MLS, connecting commercial agents with brokerages, owners, lenders, property managers, appraisers, and investors. Virtual Reality (VR) A computer-generated image or environment that can be interacted with by using special electronic equipment Augmented Reality (AR) Provides a modified view of reality for the user Artificial Intelligence (AI) A way of describing intelligence exhibited by machines

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Institution
Real Estate Brokerage
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Real Estate Brokerage

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Uploaded on
July 20, 2024
Number of pages
37
Written in
2023/2024
Type
Exam (elaborations)
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Questions & answers

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Real Estate Brokerage(SAE) Champions
Real Estate Brokerage(SAE) Champions
2024/2025 Search Engine Optimization (SEO)
The process of maximizing the number of visitors to a particular website by ensuring the website appears high on the list of results returned by a search engine.
Facebook Live
Video streaming through facebook.
CoStar Database
Functions much like a residential MLS, connecting commercial agents with brokerages, owners, lenders, property managers, appraisers, and investors.
Virtual Reality (VR)
A computer-generated image or environment that can be interacted with by using special electronic equipment
Augmented Reality (AR)
Provides a modified view of reality for the user
Artificial Intelligence (AI)
A way of describing intelligence exhibited by machines Google Analytics
A powerful analytic software
MLS Systems
The gold standard in data collection, processing, and dissemination in the real
estate industry for years.
Millennial Generation
People reaching young adulthood in the early part of the 21st century
Disadvantages of pursuing a brokers license
The broker is responsible for his or her own health insurance benefits.
The amount of the broker's paycheck is not consistent.
The broker must plan for his or her own retirement.
The broker is responsible for putting aside enough to cover his or her taxes.
The broker is responsible for the activities of all sponsored agents at the brokerage.
The fear of the unknown.
2%
According to the Bureau of Labor Statistics, employment of real estate brokers
and sales agents is projected to grow by _______ from 2019 to 2029 Mission Statement
Announces to the world what the company's long-term goals are, describing the overall purpose of the organization.
Values Statement
Define how a company's work will be accomplished, articulating a set of beliefs and principles that guide the way the company conducts business.
Action Plan
Outlines the steps, approaches and resources that will be used to fulfill the objectives of the company.
Operational Planning
The aspect of planning that encompasses the day-to-day operations of a company.
Due diligence
Analyzing, exploring, investigating and evaluating a business to learn about the business, in order to position themselves to make an educated decision about whether to buy or not buy a business.

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